Home Business Travelex Moves To Make International Money More Accessible To Its Customers

Travelex Moves To Make International Money More Accessible To Its Customers


Travelex, the world’s leading Foreign Exchange Company has made a move to make international money more accessible to its customers across the globe.

The company has successfully executed a substantial business overhaul to establish a new and robust capital structure.

This has secured Travelex’s future and provided the foundation for post-COVID -19 scenarios in which the travel industry and trade, in general, begin to recover.

Angela Smith, Travelex’s Head of Wholesale Banknotes, stated this during a media engagement in Accra when a senior group of directors from Travelex visited Ghana.

As the world’s leading Foreign Exchange firm our mission is to increase our presence in Ghana and across wider Africa.

Adding that, they have the potential plans to invest in the market by opening new offices and launching new foreign exchange products to both retail and corporate customers.

Currently, we are a market-leading supplier of wholesale banknotes, trading over 80 currencies to hundreds of global financial institutions and central banks.

“We also offer a range of remittance and international money transfer products around the world.

We pride ourselves on the unrivalled ability to source and distribute banknotes across the globe.

Our internal logistics and dealing terms are skilled at navigating the complexities of moving banknotes to a wide network of international locations.

And we have developed a world-class, gold standard around operating within a tightly governed regulatory and anti-money laundering framework.

Our retail, outsourcing, and wholesale banknotes business verticals are supported by a state of- the art fully automated cash processing facility that is the UK’s only automated solution for cash order assembly and is our key differentiator in the market,” she explained.

In Africa, we operate in the following whole markets: Botswana, Burundi, Cameroon, Cape Verde, DR Congo, Gambia, Ghana, Ivory Coast, Kenya, Liberia, Malawi, Mozambique, Namibian, Sierra Leone, South Africa, Tanzania, Togo, Uganda, Zambia, and Zimbabwe.

Travelex founded in 1976 has distinguished itself by its unique brand and market footprint.

Over the past 46 years, the firm has built a network of foreign exchange stores and developed Travelex as a trusted and widely recognised brand in international money.

Source: Isaac Kofi  Dzokpo/newsghana.com.gh

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